Wednesday, August 26, 2015

Why invest a property that is still on its pre-selling?

Pre-selling condo is a condo being sold before the completion, during the construction, or while still in the planning period. The property still doesn’t exist and the project is still going.
  • Condo is cheaper in terms of the prices, flexible payment schemes, promising investment.
The demand for residential nowadays continue to escalate, many institutions offer more and more financing options and lower borrowing costs. It is promising investment since their market value can increase by the time they are finished. Through market conditions, you can resell the finished units for a higher price that you put down when it's still in the pre-selling period.
  • Having the luxury of choosing the best location unit with new features and amenities.
You’ll have the opportunity to choose your preferred unit location and floor plan, as well as the better views, easy to access amenities, and lesser traffic foot. Customizing and inspecting their accommodation at the end of every construction phase applies.
  • Quick Return on investment by the turnover date
Think the demand of the property and its location after ten years and what will be the value by the time of its completion.  The value of the property will increases as the years pass, their location is also vital.
  • You can pay the easy way
Pre-selling condos usually offer more generous payment terms, so it will be easy for them to meet the monthly requirements.

Investing pre-selling property gives you an assurance to earn on real estate equity even if your property unit is not yet turned over.

No comments:

Post a Comment